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Refer to the Table Shown A)France Exports Both Goods to Germany

question 69

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Refer to the table shown. From this table we can conclude that if the two countries trade with each other, it is most likely that:  Cost (in euras)  of praducing wine and on electric gener ator  France  Germany  Wine 1020 Electric Generator 10,00030,000\begin{array}{l}\text { Cost (in euras) of praducing wine and on electric gener ator }\\\begin{array} { | c | c | c | } \hline \quad\quad\quad& \text { France }\quad\quad\quad & \text { Germany }\quad\quad\quad \\\hline \text { Wine } & 10 & 20 \\\hline \text { Electric Generator } & 10,000 & 30,000 \\\hline\end{array}\end{array}


Definitions:

Wilcoxon Signed Rank

A non-parametric statistical test used to compare two related samples, matched samples, or repeated measurements on a single sample to assess whether their population mean ranks differ.

Matched-Pairs Sampling

A sampling technique where each member of one sample is paired with a member of another sample based on certain characteristics.

Wilcoxon Signed Rank

A non-parametric statistical test used to compare two paired samples, assessing whether their population mean ranks differ.

Paired Two-sample T-test

A statistical test used to compare two population means where you have two samples in which observations in one sample can be paired with observations in the other sample.

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